At the end of the day - look at the fundamentals. The company has no worth at the moment. It's shareholders are funding it's losses in hope of the bright future (which I believe in). A price of 15c is unjustified to be realistic. This movement is unjustified. Even a big announcement, like a RIO bid for them for example, would not change the actual value of the stock. There is still a lot to prove and a lot to be done before the value actually is realised. The movement up and down may go to 15c at some stage but will not stay there. My opinion - I have been wrong on many occasions and this may be another.
- Forums
- ASX - By Stock
- APG
- 15 cents end next week
15 cents end next week, page-16
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add APG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online